Can you swap houses without tax consequences?

Answer by  eatwrite (1559)

You can sign over the deed and title to someone at anytime. The tax problem comes in if it is a sale or if you sell it.

Answer by  AnnaTeague (806)

Are the houses of roughly equal value? The tax consequences should not be too bad because, even if you sell a house, you have several months in which to use the proceeds to purchase another house before you get taxed on any profit. Consult a CPA before structuring the deal.